BTC to Gold Ratio (BTC/XAU) clear rejection Short

COINBASE:BTCUSD/OANDA:XAUUSD3D

BTCUSD/XAUUSDCoinbase

Description

⋅ May 23, 2020 11:33 PM

I waited 2 weeks to confirm that the ratio has clearly reject of 5.66. This means a drop in both bitcoin and gold.

Comments

Trading-Guru

⋅ May 24, 2020 5:35 PM

Very nice to link gold with BTC here! It's a new angle I havent seen before.

I am also getting ready for the new week now, this is how I am looking at Gold right now:

nagihatoum

⋅ May 24, 2020 5:48 PM

@Trading-Guru, Thank you for posting your idea, gold and btc are considered store of value so yes they can be compared.

RobotElvis

⋅ May 24, 2020 1:06 PM

Interesting idea! Thanks for sharing

bander86

⋅ May 24, 2020 12:00 AM

So what price should i put in order